Mechanics of Money

What 8,000 Millionaires Taught Me About Money | Tad Fallows

Sam Silverman | Silverman Capital Season 1 Episode 17

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0:00 | 55:40

What do 8,000 millionaires actually do with their money, and what can you learn from the patterns?

Sam sits down with Tad Fallows, co-founder of Long Angle, a community of over 8,000 high- and ultra-high-net-worth members focused on managing wealth without anyone trying to sell them something. Tad bootstrapped a SaaS company to ~100 employees and a successful exit, then built Long Angle from a few dozen friends into one of the largest private wealth communities around, and he's been benchmarking how its members invest, spend, and think for years.

In this conversation:

  • Why most companies shouldn't raise venture capital — and the quiet power of bootstrapping
  • The net-worth tiers where life actually changes, and where it surprisingly doesn't
  • How the wealthy really spend: buying back time vs. flexing, travel, and quiet wealth
  • Rent vs. buy, 2.5% mortgages, and why the housing market is frozen
  • How members allocate: roughly half public equities, a third in PE and alternatives, the rest in home equity, bonds, and cash
  • What makes a great fund manager — investing alongside institutions, GP skin in the game, fees, and specialization
  • The ladder for emerging managers, from friends-and-family capital to institutional checks
  • Where Tad sees opportunity now: co-investments, secondaries, and upstream oil & gas
  • Why being a smart, educated client beats handing it all to a manager


Topics covered: high net worth, wealth management, bootstrapping, SaaS exit, venture capital, private equity, asset allocation, alternative investments, secondaries, oil and gas, real estate, rent vs buy, estate planning, family offices, emerging fund managers, fundraising, roll-ups, financial independence

Guest: Tad Fallows, Founder, Long Angle | https://www.longangle.com

Newsletter: https://www.mechanicsofmoney.co
Website: https://silvermancapital.com

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